Why Peloton Stock Dropped 5% This Morning
Shares of stationary bike- and treadmill-seller Peloton Interactive (NASDAQ: PTON) suffered a near-5% sell-off this morning. It's recovered somewhat in the afternoon, but is still down 3% as of 12:35 p.m. EDT.
And you can probably blame UBS for that.
Image source: Getty Images.
Source Fool.com
